NasdaqGS:PLMRInsurance
Is Palomar Holdings’ (PLMR) New US$200 Million Buyback Quietly Redefining Its Capital Allocation Playbook?
In early May 2026, Palomar Holdings reported first-quarter 2026 results showing revenue of US$278.94 million and net income of US$42.95 million, alongside announcing a new US$200 million share repurchase program running through May 2028 and completing a prior buyback plan.
An interesting aspect of the quarter was that strong premium growth and higher adjusted earnings were delivered even as reported net income stayed essentially flat year on year, highlighting the impact of business mix,...